Fastnet Oil & Gas plc, an independent oil and gas exploration company, announced plans to conduct the biggest ever 3D seismic survey in the Celtic Sea, Independent.ie reports. The cost of the survey would be over EUR 20 million (26.1 mln USD), and the company will seek partners to jointly fund the s
Investment in offshore wind would create more jobs and generate higher GDP than reliance on gas-fired power, with only marginal impacts on electricity prices, according to a Cambridge Econometrics report launched today by WWF-UK and Greenpeace. “Much of the debate around the choice between gas-fired
The Norwegian power grid operator Statnett, KfW IPEX-Bank on behalf of KfW and TenneT TSO GmbH, transmission system operator for the German North Sea region, have concluded a cooperation agreement to develop and construct a subsea cable between Germany and Norway. The high voltage direct current int
Recognised across the global subsea industry for its market leading leak detection capabilities, the OceanSENSE Leak Detection System has reinforced its cutting edge technology credentials by forging a new and discreet subsea application. Historically, the detection of seafloor cement returns during
Total announces that its affiliate Total E&P Norge has made an oil discovery in the Garantiana prospect located on Production License 554 (PL554) in the Norwegian North Sea, 185 kilometers northwest of Bergen and 30 kilometers northeast of the Visund Field, at water depths of 384 meters. Total E&P N
Scottish Enterprise, in association with Forth Ports Limited and City of Edinburgh Council, is considering investment options for the Port of Leith. The aim will be to provide flexible facilities at Leith for a range of possible industry uses including dry bulk cargo, cruise shipping, offshore wind
The Petroleum Safety Authority Norway (PSA) summoned shipowners, drilling contractors and drilling service contractors to a joint meeting on Wednesday last week. The topic was the responsibilities and roles of the contractors in connection with risk of well control incidents on the Norwegian shelf.
The European Investment Bank (EIB) and Gamesa signed a 260 million euro loan to fund the wind turbine manufacturer’s research, development and innovation (R&D+I) activities. EIB Vice President Magdalena Álvarez and Gamesa Chairman and CEO Ignacio Martín signed the loan contract this morning in Madri
The European Marine Energy Centre (EMEC) and FloWave TT Ltd have agreed to collaborate by sharing data collected at EMEC’s wave and tidal test sites in the Orkney Isles, which will allow FloWave to replicate at scale the actual sea conditions at Orkney in its GBP 9.5 million onshore test facility, r
The European Marine Energy Centre (EMEC) and FloWave TT Ltd have agreed to collaborate by sharing data collected at EMEC’s wave and tidal test sites in the Orkney Isles, which will allow FloWave to replicate at scale the actual sea conditions at Orkney in its GBP 9.5 million onshore test facility, r
Energy consulting and testing & certification company DNV KEMA will invest approximately EUR 70 million in the expansion of its High-Power Laboratory in Arnhem, the Netherlands. With the expansion, DNV KEMA creates the first laboratory in the world in the extreme testing segment for the upcoming mar
The European Parliament’s Energy and Research Committee (ITRE) has voted today to allocate three-quarters of the next energy research budget to renewables, energy efficiency, smart grids and storage. This would make a total of 6 billion Euros, including the Intelligent Energy Europe programme (1), o
Research and Markets has announced the addition of GlobalData’s new report “Wind Power in France, Market Outlook to 2025 – Capacity, Generation, Market Share, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” to their offering. This report provides in depth analys
DNV has now published its new standard for Underwater Deployment & Recovery Systems, DNV-OS-E407. This standard provides a framework for the verification and certification of underwater deployment and recovery systems using Technology Qualification methodology. The development of the new standard is
